FHA – Amended Tax Returns – Does FHA have any guidance about the use of amended tax returns when qualifying a self-employed borrower?

Answer: No, they do not. However, I have seen many lenders and secondary markets impose overlays to this, such as requiring tax transcripts of the amended return, or proof of filing by providing a ‘stamped’ return if the amended return was done recently. Social Media Post: All lenders do not have the same underwriting guidelines, [...]